Jake Leicht - Flip Secrets

[Gerry Cohen]

Gerry here...what are you hearing about Jake Leicht -Flip Secrets? Any comments about their network of lenders, realtors, and contractors? Is anyone participating in their mentoring program? G

[Robert Ketterman]

Hello, I am about halfway through his classes and will say that I am very pleased with what I am getting. I am actually getting real information that is actually useful.

I would recommend Jake's Flip Secrets. [Removed by Moderators] Thank you.

[Ryan Stuckey]

What's the price of the program?

[Evan Polaski]

@Gerry Cohen, I cannot speak to Jake's program, per se.  I will be fully transparent that I always have a healthy dose of skepticism for anyone that is selling courses.

There is certainly a value to being spoon-fed information.  For the most part, though, lenders are generally not hidden.  There is an entire tab of lenders here on BP.  Realtors are the same.  Both of these groups tend to want more business and so are not terribly hard to find.

Contractors are hyper local, and typically, as a flipper, once I find some good ones, I don't share them with others because I don't want them to be too busy for my projects.  

Again, I have a bias against "gurus", and the bigger the social media following, the more skeptical I am.  But, if the cost is fairly nominal, maybe under a couple grand, and you have no experience in real estate, including owning your own home and hiring contractors for that, then it is likely worth it.

I would always start with a deep assessment of where you feel you don't have adequate knowledge. Attend a couple meetups/REIA meetings and talk to others about what you want to do and where you feel your holes are, and have them help you for free, to at least refine that list so you can talk to Jake and ask how he will help with your specific gaps in knowledge.

[Gerry Cohen]

Hey Evan, thank you I appreciate your comments. G

[Will Barnard]

Quote from @Evan Polaski:

@Gerry Cohen, I cannot speak to Jake's program, per se.  I will be fully transparent that I always have a healthy dose of skepticism for anyone that is selling courses.

There is certainly a value to being spoon-fed information.  For the most part, though, lenders are generally not hidden.  There is an entire tab of lenders here on BP.  Realtors are the same.  Both of these groups tend to want more business and so are not terribly hard to find.

Contractors are hyper local, and typically, as a flipper, once I find some good ones, I don't share them with others because I don't want them to be too busy for my projects.  

Again, I have a bias against "gurus", and the bigger the social media following, the more skeptical I am.  But, if the cost is fairly nominal, maybe under a couple grand, and you have no experience in real estate, including owning your own home and hiring contractors for that, then it is likely worth it.

I would always start with a deep assessment of where you feel you don't have adequate knowledge. Attend a couple meetups/REIA meetings and talk to others about what you want to do and where you feel your holes are, and have them help you for free, to at least refine that list so you can talk to Jake and ask how he will help with your specific gaps in knowledge.

 This is great advice and I agree. Most gurus are scams in that they take your money and don't really offer much in return (and as Evan stated, the bigger the guru, the more likely that is). That said, if you can gain some basic knowledge and take away a few good nuggets from a course as a newbie, then it could be a good starting point (of course the best starting point is doing what you are doing here, engaging the BP community).

[Robert Ketterman]

Hello again. I want that I was skeptical of all the gurus and scam also. I've been using BP's for several years now, and while I do find value in here, I will say that I did a lot of research on Flip Secrets and decided to do it. I am very pleased with the outcome and have completed the course. I still would highly recommend it to beginners. BP is helpful but it is not set user friendly for beginners. This is set up similar to class room teaching and I can go on and on about it. Always be skeptical and do your research! 

If anyone has any questions please reach out me.